Kazakhmys Corporation LLC summed up production activity for the I quarter of 2016 In I quarter of 2016 Kazakhmys Corporation LLC produced 55,5 thousand tons of copper in cathode equivalent. This indicator exceeded the same period of the last year by 4,1 thousand tons (+8%). Gold in bars was produced in the amount of 850 kg, in comparison with I quarter of the last year over-fulfillment was estimated at – 95%, silver 69 tons, over-fulfillment - 12%. At a year-end the average grade of copper in ore was 0,95%, what is above average grade of copper in I quarter of 2015 (0,88%) and is higher of planned by 0,05%.
Overall in I quarter of 2016 Kazakhmys Concentrators processed 7,4 million tons of ore. In the current year Kazakhmys Corporation LLC plans to produce 224,4 thousand tons of copper in cathode equivalent. Bakhtiyar Krykpyshev, Chairman of the Board of Kazakhmys Corporation LLC, commented: Crucially, in first quarter we were able to significantly improve working conditions and safety at our enterprises.
These issues are continued to be given high priority in Kazakhmys Corporation LLC. Work collectives successfully coped with production tasks. All enterprises of corporation, despite tough economic circumstances work steadily.